Hidroelectrica, an energy producer owned by the Romanian state, is preparing for listing on the Bucharest Stock Exchange (BVB). Fondul Proprietatea, the minority shareholder, is selling 17% of the holding (almost 20%), i.e. 78 million shares.
Romanian state-owned company Hidroelectrica is focused on the development of energy production projects exclusively from renewable sources, says Bogdan Badea, CEO of Hidroelectrica. He talked to Green Forum about its plans for this year regarding sustainability and the social responsibility projects that the company is involved in.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.